Quantinno Capital Management LP Acquires 40,019 Shares of International Flavors & Fragrances Inc. (NYSE:IFF)

Quantinno Capital Management LP boosted its holdings in International Flavors & Fragrances Inc. (NYSE:IFF - Free Report) by 53.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 114,880 shares of the specialty chemicals company's stock after buying an additional 40,019 shares during the period. Quantinno Capital Management LP's holdings in International Flavors & Fragrances were worth $9,713,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of IFF. Compagnie Lombard Odier SCmA lifted its position in shares of International Flavors & Fragrances by 11.1% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 114,179 shares of the specialty chemicals company's stock worth $9,654,000 after acquiring an additional 11,406 shares during the period. Choreo LLC lifted its position in International Flavors & Fragrances by 55.7% in the fourth quarter. Choreo LLC now owns 24,401 shares of the specialty chemicals company's stock worth $2,055,000 after purchasing an additional 8,728 shares during the period. Covea Finance boosted its stake in International Flavors & Fragrances by 79.0% during the fourth quarter. Covea Finance now owns 123,090 shares of the specialty chemicals company's stock worth $10,407,000 after buying an additional 54,340 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in shares of International Flavors & Fragrances during the 4th quarter worth about $7,508,000. Finally, S.E.E.D. Planning Group LLC boosted its position in shares of International Flavors & Fragrances by 372.9% during the 4th quarter. S.E.E.D. Planning Group LLC now owns 63,104 shares of the specialty chemicals company's stock valued at $5,335,000 after acquiring an additional 49,761 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

International Flavors & Fragrances Trading Up 0.4%

NYSE:IFF traded up $0.32 during trading hours on Tuesday, hitting $77.66. The stock had a trading volume of 359,921 shares, compared to its average volume of 1,763,093. The business's 50 day moving average is $75.84 and its 200-day moving average is $82.39. The company has a market cap of $19.86 billion, a price-to-earnings ratio of 82.62, a P/E/G ratio of 1.45 and a beta of 1.08. International Flavors & Fragrances Inc. has a one year low of $65.85 and a one year high of $106.77. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.93 and a current ratio of 1.84.

International Flavors & Fragrances (NYSE:IFF - Get Free Report) last posted its earnings results on Tuesday, May 6th. The specialty chemicals company reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.08. The firm had revenue of $2.84 billion during the quarter, compared to analysts' expectations of $2.83 billion. International Flavors & Fragrances had a return on equity of 7.72% and a net margin of 2.12%. The company's revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.13 earnings per share. Sell-side analysts anticipate that International Flavors & Fragrances Inc. will post 4.32 EPS for the current fiscal year.

International Flavors & Fragrances Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Friday, June 20th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Friday, June 20th. International Flavors & Fragrances's dividend payout ratio (DPR) is presently -48.93%.

Insider Activity at International Flavors & Fragrances

In related news, EVP Stephen N. Landsman purchased 12,000 shares of the stock in a transaction on Monday, May 19th. The shares were purchased at an average price of $77.28 per share, with a total value of $927,360.00. Following the transaction, the executive vice president now directly owns 12,000 shares of the company's stock, valued at $927,360. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Kevin O'byrne acquired 6,500 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were bought at an average price of $80.44 per share, for a total transaction of $522,860.00. Following the purchase, the director now owns 6,500 shares in the company, valued at approximately $522,860. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 23,200 shares of company stock valued at $1,803,340. 0.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. UBS Group raised their target price on International Flavors & Fragrances from $82.00 to $83.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Bank of America reduced their price target on shares of International Flavors & Fragrances from $105.00 to $101.00 and set a "buy" rating on the stock in a research report on Thursday, February 20th. Barclays upgraded shares of International Flavors & Fragrances from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $76.00 to $84.00 in a research note on Thursday, May 8th. JPMorgan Chase & Co. dropped their price target on International Flavors & Fragrances from $107.00 to $104.00 and set an "overweight" rating for the company in a report on Thursday, February 20th. Finally, Morgan Stanley decreased their target price on International Flavors & Fragrances from $100.00 to $98.00 and set an "overweight" rating on the stock in a report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, one has given a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, International Flavors & Fragrances currently has an average rating of "Moderate Buy" and an average price target of $92.54.

International Flavors & Fragrances Company Profile

International Flavors & Fragrances, Inc engages in the manufacture and supply of flavors and fragrances used in the food, beverage, personal care, and household products industries. It operates through the following segments: Nourish, Health & Biosciences, Scent and Pharma Solutions. The Nourish segment consists of legacy Taste segment combined with N&B's Food & Beverage division and the food protection business of N&B's Health & Biosciences division.